The outlook and analysis of Cheniere Energy Inc. (LNG)’s stock

At the time of writing, Cheniere Energy Inc. [LNG] stock is trading at $190.04, up 0.85%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LNG shares have gain 5.67% over the last week, with a monthly amount glided 5.20%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, TD Cowen reaffirmed its Buy rating on June 17, 2024, and elevated its price target to $185. On April 16, 2024, Redburn Atlantic initiated with a Neutral rating and assigned a price target of $162 on the stock. TD Cowen reiterated its Outperform rating and decreased its price target to $178 on February 27, 2024. CapitalOne started tracking with a Overweight rating for this stock on September 06, 2023, and assigned it a price target of $200. In a note dated March 02, 2023, Scotiabank initiated an Sector Outperform rating.

For the past year, the stock price of Cheniere Energy Inc. fluctuated between $152.31 and $188.73. Currently, Wall Street analysts expect the stock to reach $171.42 within the next 12 months. Cheniere Energy Inc. [NYSE: LNG] shares were valued at $190.04 at the most recent close of the market. An investor can expect a potential drop of -9.8% based on the average LNG price forecast.

Analyzing the LNG fundamentals

According to Cheniere Energy Inc. [NYSE:LNG], the company’s sales were 16.34B for trailing twelve months, which represents an -21.00% plunge. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.48%, Pretax Profit Margin comes in at 0.43%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 1.0 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.99.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 188.52 points at the first support level, and at 187.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 191.31, and for the 2nd resistance point, it is at 192.57.

Ratios To Look Out For

It is important to note that Cheniere Energy Inc. [NYSE:LNG] has a current ratio of 1.02. Further, the Quick Ratio stands at 0.93, while the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 2.63, the price to book ratio is 9.66 and price to earnings (TTM) ratio is 10.12.

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